Nasdaq (NDAQ) EBT (2009 - 2026)
Nasdaq's (NDAQ) quarterly EBT came in at $677.0 million in Q1 2026, up 38.73% year-on-year from $488.0 million in Q1 2025, and up 16.72% quarter-over-quarter from $580.0 million in Q4 2025.
Nasdaq (NDAQ) EBT (2009 - 2026) Analysis & Trends
Nasdaq has disclosed EBT across 18 years of filings, most recently posting $677.0 million for Q1 2026.
- EBT for Q1 2026 came in at $677.0 million, up 38.73% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.3 billion (up 43.72% YoY), and the FY2025 annual result was $2.1 billion, up 48.03% from the prior year.
- EBT came in at $677.0 million for Q1 2026 at Nasdaq, up from $580.0 million in the prior quarter.
- In the past five years, EBT ranged from a high of $677.0 million in Q1 2026 to a low of $278.0 million in Q4 2023.
- The 5-year median for EBT is $391.0 million (2023), against an average of $420.4 million.
- Across the five-year window, EBT dropped 21.21% in 2024 and jumped 60.7% in 2025, its largest moves.
- Nasdaq's EBT stood at $322.0 million in 2022, then slipped by 13.66% to $278.0 million in 2023, then jumped by 57.91% to $439.0 million in 2024, then jumped by 32.12% to $580.0 million in 2025, then gained by 16.72% to $677.0 million in 2026.
- The last three EBT figures came in at $677.0 million (Q1 2026), $580.0 million (Q4 2025), and $529.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 1.91 Bn |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 1.51 Bn |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 870.00 Mn |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 1.90 Bn |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 677.00 Mn |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | -464.71 Mn |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 389.20 Mn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 515.50 Mn |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 428.10 Mn |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | 161.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 677.00 Mn |
| Dec 31, 2025 | 580.00 Mn |
| Sep 30, 2025 | 529.00 Mn |
| Jun 30, 2025 | 548.00 Mn |
| Mar 31, 2025 | 488.00 Mn |
| Dec 31, 2024 | 439.00 Mn |
| Sep 30, 2024 | 356.00 Mn |
| Jun 30, 2024 | 341.00 Mn |
| Mar 31, 2024 | 312.00 Mn |
| Dec 31, 2023 | 278.00 Mn |
| Sep 30, 2023 | 391.00 Mn |
| Jun 30, 2023 | 337.00 Mn |
| Mar 31, 2023 | 396.00 Mn |
| Dec 31, 2022 | 322.00 Mn |
| Sep 30, 2022 | 382.00 Mn |
| Jun 30, 2022 | 397.00 Mn |
| Mar 31, 2022 | 374.00 Mn |
| Dec 31, 2021 | 314.00 Mn |
| Sep 30, 2021 | 371.00 Mn |
| Jun 30, 2021 | 454.00 Mn |